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Issue of GST late fees to be discussed in GST Council Meeting says CBIC

Over the past few days we saw a lot of GST Tax Practitioners as well as taxpayers demanding that the government should waive off late fees on GSTR-3B. This has been a persistent request from all the taxpayers. In this regard, the CBIC issued a notice addressing the taxpayers. In the notice, the government said that the issue regarding the late fee on GST will be addressed in the next GST Council Meeting. Here is the official press release: 1. In the recent past tweets have been noti..

Posted in news |   1 comments |   3283 Views


CBIC clarification on GST refund matters and GSTR-7

CBIC issued a clarification on GST refund matters and GSTR-7. GST refund can be claimed either in GST RFD-01 or by issuing a credit note depending upon the circumstances...

Posted in articles |   2 comments |   1453 Views


GST Update on refund related issues

Clarifications were issued by CBIC on GST refund related issues. It has been decided to remove the restriction on clubbing of tax periods across Financial Years. There are guidelines for a refund of ITC and the new requirement to mention HSN/SAC Code. ..

Posted in articles |   328 Views


Detailed analysis of CBIC Notifications issued on 3rd April 2020-COVID -19

CBIC has issued notifications and circular under GST Laws to implement the relief measures announced by Hon'ble Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman on 24th of March 2020...

Posted in articles |   6 comments |   3721 Views




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